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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ansal Housing Ltd received a rectification order dated 27th May, 2026 from the Office of the Assistant Commissioner of Income Tax, Circle-1(1), New Delhi, under Section 154 read with Section 143(3) of the Income Tax Act, 1961. The order corrects an earlier assessment order for Assessment Year 2024-25 by allowing set-off of brought forward losses from earlier assessment years that were initially omitted. The demand raised is ₹19,20,46,800 (approximately ₹19.2 crore). The company had itself filed the rectification application under Section 154. The company states it is evaluating the financial impact and reviewing the order, but sees no adverse impact on its operations.
The rectification partially corrected the original assessment by allowing losses — though a significant tax demand of ~₹19.2 crore still remains. Investors should monitor further updates on whether the company challenges or pays this amount.